Starling Bank to cut 130 jobs and boost investment in AI to reduce costs
by Lauren Almeida from World news | The Guardian on (#76R15)
The London-based fintech says restructuring is necessary to reduce duplicate' roles
Starling Bank has said it will cut more than 100 jobs as it invests more heavily in artificial intelligence to push down costs.
The digital-only bank told staff that 3% of its workforce, or 130 jobs, would be made redundant, as part of a restructuring of its banking and tech operations.
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